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Last UK blast furnaces days from closure as Chinese owners cut off crucial supplies

Summary

The last blast furnaces left operating in Britain could see their fate sealed within days, after their Chinese owners took the decision to cut off the crucial supply of ingredients keeping them running.

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Britain's last blast furnaces just DAYS from closure after Chinese owners axe supply line

Britain's last blast furnaces just DAYS from closure after Chinese owners axe supply line - Britain's last blast furnaces are days away from closure after Chinese owners Jingye cancelled crucial raw material orders for the Scunthorpe site

47 minutes ago·London, United Kingdom

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Sky News UK

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Last UK blast furnaces days from closure as Chinese owners cut off crucial supplies

Jingye, the Chinese company that bought British Steel out of receivership in 2020, rejected a £500 million offer of public money as talks with the government broke down.

7 hours ago·United Kingdom

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Oil Price

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British Steel Faces Blast Furnace Closures

Via Metal Miner Steel Industry leader British Steel is set to start consultations on permanently blowing down the operating blast furnaces at Scunthorpe. The move comes after the company failed to reach an agreement with the UK government on financial aid for conversion to green steelmaking. “Since 2020, the shareholder of British Steel, Jingye, has invested more than £1.2 billion [$1.55 billion] to maintain operations amid ongoing production …

18 hours ago·London, United Kingdom

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BBC News

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British Steel could decide to shut Scunthorpe plant in days

British Steel's owner has cancelled coal and iron ore shipments to the Scunthorpe plant.

22 hours ago·United Kingdom

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communist.red

British Steel jobs massacre: Occupy the steelworks to save Scunthorpe! - The Communist

Facebook Twitter Reddit WhatsApp Messenger Email Print The owners of British Steel, a company which has been operating in Scunthorpe for over 150 years, recently announced that its last blast furnaces may be shut down as early as June. This will put 2,700 jobs directly at risk – not to mention the jobs threatened in the supply chain and surrounding industries, many of which rely on Scunthorpe-produced steel. The plan is to replace the blast furn…

21 hours ago

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MetalMiner

Steel Industry: British Steel Looks at Blast Furnace Closure

Steel Industry leader British Steel is set to start consultations on permanently blowing down the operating blast furnaces at Scunthorpe. The move comes after the company failed to reach an agreement with the UK government on financial aid for conversion to green steelmaking. “Since 2020, the shareholder of British Steel, Jingye, has invested more than […]

1 day ago

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